What the Options Market Tells Us About Vertiv Hldgs
Portfolio Pulse from Benzinga Insights
Financial analysis of Vertiv Hldgs (VRT) options trading reveals a bearish sentiment among traders, with 62% showing bearish tendencies. Significant trades include both puts and calls with a target price range from $30.0 to $100.0. Currently, VRT's stock is up by 3.8%, trading at $76.95, potentially overbought with an anticipated earnings release in 37 days. Analysts have mixed ratings, with target prices ranging from $56 to $90.
March 18, 2024 | 3:45 pm
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Vertiv Hldgs shows a bearish sentiment in options trading, with a current stock price up by 3.8% at $76.95. Analysts provide mixed ratings with target prices ranging from $56 to $90.
The bearish sentiment in options trading, combined with the current overbought condition, suggests potential volatility. However, the mixed analyst ratings and the upcoming earnings release create uncertainty, leading to a neutral short-term price direction.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100